Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 25,200, BSE Sensex was up almost 300 points. At 9:23 AM, Nifty50 was trading at 25,240.10, up 95 points or 0.38%. BSE Sensex was at 82,325.41, up 295 points or 0.36%.India’s discussions with the US have shown promise as New Delhi prepares for talks this week, reportedly agreeing to increase US energy and gas imports.Market experts anticipate sideways trading, with global factors, foreign investment flows and Q2FY26 corporate results likely influencing short-term movements.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “The drift in the market on lack of positive triggers and renewed selling by FIIs pose short-term challenges to the market. It is important to appreciate the fact that the biggest challenge to the market is the poor earnings growth, and this is the fundamental factor behind FII selling. The Q2 results are unlikely to change the sentiments since the postponement of buying following the GST cuts, impacted corporate sales in September. But, post September the story is different.” “Automobiles and white goods are witnessing brisk sales and in the low-interest regime, with more rate cuts to come, this demand will sustain. These positives will be reflected not in the ongoing Q2 results season but in the Q3 results. The market will soon start discounting that, and that is when a healthy market rally will begin and sustain.”US markets closed with varied results on Tuesday as investors assessed positive bank earnings, Federal Reserve Chair Jerome Powell’s statements and ongoing US-China trade disputes.Asian stocks recovered after three consecutive declining sessions, with potential Federal Reserve rate reduction optimism overshadowing US-China trade concerns.Oil prices decreased during early trading on Wednesday, continuing the previous session’s downward trend, as traders considered the International Energy Agency’s caution about excess supply in 2026 and trade frictions between the US and China potentially affecting demand.Gold prices increased on Wednesday, remaining close to all-time highs, as investors sought safe-haven assets amidst heightened US-China trade tensions creating global uncertainty, whilst anticipated US interest rate reductions provided additional support.Foreign portfolio investors sold shares worth Rs 1,508 crore net on Tuesday. Domestic institutional investors were net purchasers at Rs 3,661 crore.(Disclaimer: Recommendations and views on the stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India)
